This is a very sensible move, the initial costs may be expensive but transit fee to Pakistan will be eliminated. If the Qatar-UAE pipeline can be linked to this, economies of scale can be achieved. I'm sure dangers to environment and impact of cyclones has been considered before putting out such...
There is unnecessary panic and disinformation. At the most US may air-bomb or throw in some missiles at high-value targets in N Waziristan and things will be back to normal like after the OBL raid. It is a well-known stated policy of the US that they will go after AQ, Taliban and Haqqanis...
Mountbatten lost his Viceregal title on 15 August 1947 and became the Governor General, signalling the end of British imperialism in India (Independence Day). The governance was firmly under the control of Nehru-led cabinet and the Constituent Assembly. Mountbatten was replaced by C...
So Muslims in Pakistanis should not use "Pakistan Zindabad" since it is against their religion of praising their country?? And please stop making fun of other religions by posting pictures. Remember the campaign to draw funny cartoons of Mohammed, do you condone that too?? BTW several Muslims...
A very positive development indeed. The India-Bangladesh relationship is growing and hopefully it will bring about peace and economic progress to both countries. We must next resolve illegal immigrant issues too.
Well done SL, hope this opens up more opportunities for trade and investment flows with its only neighbor :) SL has done well on many other social indicators too.
US is more than capable of launching missiles and carpet bombing Pakistan. Where they fail is in occupation and reconstruction of occupied territories. In case of a hypothetical war between US and Pakistan, if the US decides not to 'reconstruct' Pakistan, there is nothing that Pak can do. "Back...
Looking at it in a simplistic way, American consumers buy Chinese products and China puts that export receipts back into the American financial system by buying US T-bills, so that the Americans can consume more and more of their products. This is a win-win situation for both, Americans gets to...
Pakistan and India have more or less similar economic problems. But in recent years, India's growth story has widened the gap between the two countries. Some observations from recent trends;
1) While per-capita incomes have remained more or less equal for the two countries, Pakistan appears to...
This protest if it is successful in bringing the popular anti-corruption law, would benefit the economy by many folds. It will enormously boost investor confidence both domestic and foreign. Don't know why Congress is afraid of bringing the Jan Lokpal Bill to the parliament? It only shows that...
Don't know what is the fuss here. Large section of India wants this corrupt government to go, the elections are too far away. Hence the peaceful protests in many cities in India. With 3 ministers in jail, the ruling party is in panic and is trying to divert attention by seeing conspiracies...
China will stop funding US debt purely on the merit of whether US is seen as a defaulter or not. Taiwan or any other political/ strategical reasons are only imaginations of 'analysts' who see a conspiracy in everything.
You are right sir, the nominal GDP is not good for comparison, but it is the actual size of the economy for a given year and reflects the value of goods and services produced at the current prevailing prices. The real GDP while is a good indicator of growth in the domestic economy compared with...
Can you please enlighten these factors?
a) I don't think IMF and World bank are kids and they do publish PPP for international comparison, simply because the market exchange rates rates do not reflect the cost of living in local economies.
b) Government budget estimates may not be spot on for...
Real growth rate is good only for indicating how much the economy has grown after adjusting for inflation. The size of the economy is normally compared using purchasing power parity. India's GDP on PPP basis was $4 trillion in 2010 and is likely to cross $5 trillion in 2012-13.
The Dun &...
The US policy on Kashmir is definitely showing a shift in India's favour. This is a blow to the separatists, who are fighting a losing battle. Militancy failed in the mid-1990s, war failed in 1999, cross-border infiltration stopped after 9/11, political fight failed after a fair election in...